The authors track the growing number of space businesses and opportunities for investors, and the many possible benefits of spaceplanes, space stations and even space colonies. The authors also discuss the need for more regulatory reform. Companies like Planetary Resources are now forming to find mineral-rich asteroids and bring back new riches to Earth. Solar power satellites in the next few years will start to beam clean energy back to Earth, to meet the growing demands of a still-developing world. Innovative space industries are vital to the survival of modern human life, and the authors demonstrate what can be done to encourage the growing of the "New Space" frontier. From lassoing and then mining asteroids to developing new methods of defending the planet from space hazards and setting up new hotels and adventures for tourists in space, this new industry will have profound effects on Earth, especially on its economy.